We Have Hit the Drain

by Chris Black We were circling for a while. During that time, you think there might be a way to escape the whirlpool heading down. However, going down the drain was always inevitable. We are witnessing the death of commerce …

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Concern For Stonks

by Craig Hemke via Sprott Money News Last week, a former high-ranking Fed official disclosed that the Fed is determined to “break” the stock market. If they succeed in this, the impacts will be felt across all markets, so maybe we should take …

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CA Looks to Reduce Work Hours to 32

California legislators proposed a new bill that would allow employees of bigger companies to work fewer hours in a week without losing any income, which critics said would become a “job killer.” Assembly Bill 2932, introduced by Assembly Members Cristina …

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Yes, It Is Different This Time

by Charles Hugh-Smith Most people would be horrified by a 40% decline in their “investments.” When bubbles pop, speculative assets don’t drop 40%, they drop 90% or even 98%. The irony of the sudden panic about real-world inflation generated by …

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“We are illiquid in rates. We are illiquid in equities. The size of the bid-ask is down near the levels of 3/2020.” — Mike Green

“We are illiquid in rates. We are illiquid in equities. The size of the bid-ask is down near the levels of 3/2020.”—Mike Green @EmilKalinowski @JeffSnider_AIP @profplum99 Another GREAT show. — JacksonMonero (Farmer Jack) (@JackMonero) April 13, 2022 Chart of the …

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Red Pill on the US Government

by Chris Black There is literally no avenue within the federal state, be it Congress or the Supreme Court that will ever pertain to the interests and concerns of the American people; they even admit that our means of contacting …

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M1 money supply since 1960.

There’s more to this chart than meets the eye. The first caveat is that in 2020 the fed changed the formula for how it calculates M1, which was updated to be more expansive in terms of what sources are included …

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Meanwhile on the Economic Front

by Chris Black The dollar plus jump in gasoline remains even though oil has lost the entire “invasion premium”.  How can it be a Putin Price, if the war still goes on and oil isn’t above $120? The shipping nightmare …

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Who Owns the Government?

by Chris Black You think you live in democracy? The US is the single most corrupt country on Earth. Here, money is free speech and politicians are bought and paid for by the highest bidder. The primary dealer banks own …

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